EURUSD completing bullish reversal for the downtrend to continue
The EUR/USD has completed a bearish ending diagonal yesterday reversing upwards to complete an ABC correction as part of a larger wave 2.
Wave 2 seems to have completed as the price touched the supply zones created by the smaller degree wave 3 and 4 range (orange color).
If our counting is correct, then wave 3 is about to start with a bearish direction.
Wave 2 seems to have completed as the price touched the supply zones created by the smaller degree wave 3 and 4 range (orange color).
If our counting is correct, then wave 3 is about to start with a bearish direction.